WTI / Brent spread goes to zero
Posted: Sun Jul 21, 2013 5:56 pm
$25 a year ago
Spread less than 0.10 now
Sweet
Us producers are doing very well
Spread less than 0.10 now
Sweet
Us producers are doing very well
This helps companies the most with production in Oklahoma and the Rockies, which includes the Bakken. It also helps the Canadian producers.
> Lightstream Resources (LSTMF) looks rock solid to me now.
> Gastar's (GST) new project in Oklahoma looks fantastic now.
> Osage (OEDV) gets a nice pop on their run checks from Logan County production.